The current poll reveals Canadians with mortgages predict they’ll be 58-years-old, on average, before they become mortgage-free. That compares to an average age of 57 in 2013.

“A mortgage is the largest debt most Canadians will take on in their lifetime, and being mortgage-free is an important goal for many,” says Barry Gollom, vice president of Secured Lending and Product Policy at CIBC.